Biomega is known for its electric bicycles, but this week the Danish company revealed a new product: SIN, a minimalist electric concept car.

The car is the ultimate city-mobile with a minimal aesthetic (and we mean minimal). It features four stripped back seats and lightweight materials throughout. It barely has doors — where a traditional door would be is glass. The roof is a continuation of the front windshield. The inside of the car is pretty much bare with a flat floor.

With a lighter car, the battery range is supposed to improve since less power is consumed to move it. The concept car's battery weighs 440 pounds. For comparison, a Tesla Model 3 battery weighs more than 1,000 pounds. Read more...

Biomega is known for its electric bicycles, but this week the Danish company revealed a new product: SIN, a minimalist electric concept car.

The car is the ultimate city-mobile with a minimal aesthetic (and we mean minimal). It features four stripped back seats and lightweight materials throughout. It barely has doors — where a traditional door would be is glass. The roof is a continuation of the front windshield. The inside of the car is pretty much bare with a flat floor.

With a lighter car, the battery range is supposed to improve since less power is consumed to move it. The concept car's battery weighs 440 pounds. For comparison, a Tesla Model 3 battery weighs more than 1,000 pounds. Read more...

American electric car company Tesla will enter India by the end of next year. In the year 2020, the company will increase its business in the country. Tesla CEO Elon Musk tweeted this information on Saturday.

The 10,000 employees at Tesla’s California assembly plant may want to hire their own doctors. According to a new report by The Center for Investigative Reporting, in partnership with Reveal, the company’s on-site “clinic’s practices are unsafe and unethical.” What’s more, the supposed medical aid seemed more focused on keeping injuries off the books than helping workers hurt on the job.

According to Reveal‘s report, when a worker is injured on the Tesla factory floor, “medical staff are forbidden from calling 911 without permission” and if the on-site medics decide it’s bad enough, they may “be sent to the emergency room in a Lyft.” Much more typical, though, is that the worker will reportedly just be sent back to the production line.

Why would Tesla want to keep injuries off-the-record? Perhaps because the company has stated that its goal is to be the safest factory on Earth. Yet, according to Reveal, it is achieving this in part by “doubl[ing] down on its efforts to hide serious injuries from the government and public.”

It’s a doozy of a report–well worth a read, as well as great fodder for pro-union arguments (which Tesla has claimed is exactly what Reveal is trying to do). We’ve reached out to Tesla for comment, of course, and will update if we hear back.

Updated: While Tesla has no comment, they sent a statement from Dr. Basil Besh, the doctor who owns Access Omnicare the on-site clinic, who refutes Reveal’s * ahem * diagnosis. In the statement, Besh noted “all members of my team are empowered to call 911 for any limb or life-threatening condition”, but prefers reserving ambulances “for life or limb threatening injuries” because every ambulance “thoughtlessly called for a non-life-threatening injury is one less ambulance that is available to actually save a life.”

He also noted that the provider who spoke with Reveal worked at their clinic for “less than two weeks” and “is currently the subject of an investigation by the California Medical Board” (although they did not specify the nature of that investigation) and argued that “this report uses poor sourcing to tell a story consistent with a predetermined agenda.”

Flips up his plate and flips off the Model 3. Word to the wise and, more importantly, the not-so-wise: a lot of Tesla vehicles now have Teslacam enabled. It gives dashcam functionality to the cars using their front-facing camera, and so now drivers can now record 10-minute clips of what is captured by the built-in […]

Check out how these two cars stack up in terms of acceleration and top speed, plus an awesome Autobahn POV. Another good old gas versus electric challenge. AutoTopNL doesn’t care about electric cars and it makes that clear in its description. However, if they’re really fast, the channel takes notice. So, it comes as no […]

How about a huge rock landing in your passenger seat with no warning? This Tesla Model 3 owner didn’t expect to have an instant driving companion, but we’re glad he’s okay. Jade Insko was driving his Model 3 on SR 14 near Cape Horn, Washington when a 37-pound boulder fell through his windshield and parked […]

How does Tesla’s Navigate on Autopilot fare in tough, real-world scenarios? Now that Tesla’s Navigate on Autopilot feature has been released, we’re starting to see more reviews of the feature. Even Consumer Reports has already tested it out, although there’s no video from the publication. In the video above, YouTuber and Tesla fan Erik Strait […]

While the Model X is the most expensive vehicle Tesla makes, it’s surely the most practical for families. Should you consider buying one used? As our monthly EV sales scorecard indicates, the Tesla Model X is increasingly popular in the U.S. and has even outsold the Model S at times based on our estimates. This […]

120,000 produced, including 25,000 so far in Q4. Bloomberg’s Tesla Model 3 Tracker today states that estimated cumulative production of the Tesla Model 3 is 120,027. We don’t know the precise number – it could be several thousand lower as some sources say that recent production was just 3,500 per week compared to 4,742 estimated by the […]

TESLA IS THE APPLE OF CARS, AND IT’S ON THE VERGE OF A GOLDEN AGE Comparisons between Tesla and Apple are nothing new, but with the Silicon Valley automaker poised for a new wave of growth, it’s a good time to revisit the parallels between the two disruptive companies. A recent article from ARK Investment Management explains the […]

Legacy automakers risk the fate of Kodak Baillie Gifford & Co.’s Iain McCombie said in an interview that too many people are focusing on controversial tweets posted by Elon Musk instead of the huge opportunities ahead for Tesla. Tesla is now selling in the U.S. more cars than Daimler and if we really think that EVs are the […]

Tesla Navigate On Autopilot requires improvement to be better than drivers. Consumer Reports tested the latest Tesla Navigate On Autopilot feature near its Auto Test Center in Colchester, Connecticut and is impressed with its findings. However, the ability to do route-based lane changes or speed-based lane changes on the highway (as well as take an […]

÷ PANASONIC is finally on the verge of turning a profit at the giant US battery factory it operates with Tesla. Panasonic already makes money on Model S and X batteries, which it makes domestically, President Kazuhiro Tsuga said. It’s now ramping up...

If you haven't been watching AMD's launch of the 7nm Vega based MI60 and MI50 then you can catch up right here.

You won't be gaming with these beasts, but for those working on deep learning, HPC, cloud computing or rendering apps you might want to take a deeper look. The new PCIe 4.0 cards use HBM2 ECC memory and Infinity Fabric interconnects, offering up to 1 TB/s of memory bandwidth.

The MI60 features 32GB of HBM2 with 64 Compute Units containing 4096 Stream Processors which translates into 59 TOPS INT8, up to 29.5 TFLOPS FP16, 14.7 TFLOPS FP32 and 7.4 TFLOPS FP64. AMD claims is currently the fastest double precision PCIe card on the market, with the 16GB Tesla V100 offering 7 TFLOPS of FP64 performance.

The MI50 is a little less powerful though with 16GB of HBM2, 53.6 TFLOPS of INT8, up to 26.8 TFLOPS FP16, 13.4 TFLOPS FP32 and 6.7 TFLOPS FP64 it is no slouch.

With two Infinity Fabric links per GPU, they can deliver up to 200 GB/s of peer-to-peer bandwidth and you can configure up to four GPUs in a hive ring configuration, made of two hives in eight GPU servers with the help of the new ROCm 2.0 software.

Expect to see AMD in more HPC servers starting at the beginning of the new year, when they start shipping.

I didn't get into this career in cleantech via engineering, business, or battery chemistry. My first degree was a dual major in sociology and environmental studies, which somehow led to CleanTechnica through a wildly meandering route. I love sociology and still consider it the heart of my career, and the heart of my work today. So, I'm surely a bit biased in how I view Tesla, which is often through the lens of a sociologist

We are very excited to be able to tell you that while this month started out not that well, the last few weeks totally made up for that and the results show it. We would very much like to thank Maye Musk for retweeting our reports and calling out the most negative, sad, biased authors. While we can't be sure what helped the most, we believe that the actions of Maye Musk and the times Elon Musk liked and commented on the reports have slowly helped bring some of the mainstream media back to their senses over the last two months

Europe’s automotive market is slowly getting charged. The drivers of electrification are EU regulatory agencies, which are imposing ever-stricter limits on carbon and nitrogen oxide pollution. Meanwhile, the German auto industry is pulling in the other direction, using its immense political power to try to delay and water down emissions regulations. The various European countries are caught in the middle -- some are embracing the electric future, some are resisting it, and most are muddling through with no particular plan

Happy Halloween! Following this year's Halloween, we'd like to bring you a fun gallery of Tesla owners who've shown off their love for the company (and the cars) during the devilish holiday. Check out how some Tesla owners celebrated Halloween

Brad Cornell teaches financial economics at Caltech. He also happens to manage a hedge fund. And when it comes to Tesla, he's by no means a bull. He still believes Tesla is overvalued. However, much like short-seller Andrew Left, he's becoming disillusioned with EV efforts from legacy automakers

The most popular articles of the past week on CleanTechnica included another great total cost of ownership (TCO) comparison between the Tesla Model 3 and some very popular cars, consumer demand levers Tesla could pull if it needed to stimulate more demand, an exploration of Tesla's focus and mission beyond being a carmaker, electric bike fatalities and injuries rising, and more

There have been a handful of particularly loud Tesla bears or critics over the past several years. One of those people, Andrew Left of Citron Research, recently made a U-turn in his position on Tesla (citing 4 CleanTechnica charts of Tesla sales along the way).
Another one is Jim Chanos, who we'll probably address again before long, and another is Mark Spiegel. Like Chanos, Spiegel gets put on major TV shows frequently for his "expertise" on Tesla. But if you look at Spiegel's historical record on Tesla, it's really bad — really, really bad

Sales of cars with electric motors accounted for more than 7% of BMW sales in the US in October. That's good but down from last year. The Chevy Bolt and Nissan LEAF are limping along. The big news is the Tesla Model 3, which is taking America by storm.

In this article, I'm going to try to take a very technical and complicated subject — namely, the technical details of Tesla's and others autonomous driving systems — and make it understandable for non-engineers

In September 2018, the European passenger plug-in vehicle market stagnated (+1%), scoring some 32,700 registrations. That pulled the year-to-date count to some 275,000 deliveries, meaning a 2.2% market share in 2018 so far

On Tuesday, Salesforce CEO Marc Benioff took to Twitter to invoke the help of Elon Musk.

Benioff asked Musk if his Boring Company could come to San Francisco and help improve the city's transportation system.

The Boring Company (a subsidiary of SpaceX) has created its first "test tunnel" under the streets of Los Angeles to help prove out its tunnel system, meant to alleviate city traffic.

Musk nonchalantly agreed to Benioff's request.

Before votes could even be counted on Tuesday in San Francisco for the highly debated Proposition C — which would tax the city's largest corporations to provide more funding to homeless services — the measure's number one backer, Salesforce CEO Marc Benioff, was already on to the next issue: transportation.

Elon @elonmusk can you & @boringcompany help us in San Francisco? We will have a cool new transit center soon, but we need rapid transportation from Downtown to the Ocean, Marin Country, East Bay, San Jose, & LA. Bullet train too far away! Can you do it? https://t.co/F810cd3LaG

The tweet was a reply to the video Musk posted last Saturday, showing off the tunnel that The Boring Company (a subsidiary of Musk's SpaceX) had created under the streets of Los Angeles. The project is the company's "test tunnel," used to demonstrate how its "pod" vehicles and "lifts" will work.

The Boring Company's overall purpose is to create alternative modes of transportation to help reduce city traffic.

A little over an hour after Benioff's request to have the Boring Company build similar tunnels throughout the Bay Area — and even one that extended over 350 miles south to Los Angeles — Elon agreed, nonchalantly.

The Boring Company did not immediately respond to Business Insider's request for comment.

In 2008, California voters passed Proposition 1A which earmarked $9 billion to initiate construction on a high-speed rail system that would connect San Francisco to Los Angeles. Construction for that project has already begun.

Yesterday, Reveal from The Center for Investigative Reporting published an exposé about work conditions at the Tesla auto factory. In the piece, “Inside Tesla’s factory, a medical clinic designed to ignore injured workers,” many accounts of fraudulent reporting and blatant mishandling of medical injuries are detailed.

“The on-site medical clinic serving some 10,000 employees at Tesla Inc.’s California assembly plant has failed to properly care for seriously hurt workers, an investigation by Reveal from The Center for Investigative Reporting has found.

“The clinic’s practices are unsafe and unethical, five former clinic employees said.

“But denying medical care and work restrictions to injured workers is good for one thing: making real injuries disappear.”

“‘The goal of the clinic was to keep as many patients off of the books as possible,’ said Anna Watson, a physician assistant who worked at Tesla’s medical clinic for three weeks in August.”

For anyone familiar with cryptocurrency, or for regular Twitter users, it’s widely known that crypto scammers have begun to create fake celebrity Twitter accounts to dupe careless victims into giving away their crypto holdings. Numerous celebrities have been impersonated in these sorts of money-grabs, ranging from actor William Shatner to billionaire founder of Tesla and […]

I have ranted about this before, but the numbers for Tesla subsidies in the third quarter were simply staggering: Tesla's Main Product Isn't Cars, It's Subsidies Tesla received $713 million in U.S. subsidies in Q3, compared to its $312 million profit. That's a pace of $2.8 billion a year. More than half of this starts […]

If you are ambitious I would give it serious consideration. I don't work at Tesla but know them well - the company is full of rock stars. Having said that, it's a tough place and turnover is high. I would regret not at least understanding the economics, the culture and the career opportunity - the world is full of people who are 'content' in their jobs but not fulfilled.

For few days, I tried to talk myself out of buying one but finally I gave up and decided that once in a lifetime I will be completely insane and forget being cautious. About 3 more weeks until a white on white performance would empty my bank account. I dread that moment. Where is that smiley showing the stack of $1000 bills being lighted on fire?

You will LOVE the car!

When I got in my Model 3 this morning I got a notification that my car was enabling a 30-day free trial of Enhanced Autopilot. Hmm.. This should be fun. One of the settings for "Navigate on Autopilot (Beta)" controls how fast the car changes lanes. Choices are: Disabled, Mild, Average and MAD MAX. If nothing else, I love Tesla's sense of humor.

Tesla’s late night rollout of a new feature for its semi-autonomous driving system called “Navigate on Autopilot” puzzled me, if not just because of the time it was introduced to the world, but the feature itself: What’s the value in a car that tells you what lane you should be in, when it won’t drive there entirely…

Elon Musk’s Rocket X Tesla Has Just Passed Mars You may recall that earlier this year Elon Musk undertook one of the most bizarre missions ever. Utilising his SpaceX program, he successfully launched a Tesla Roadster into space. It was amazing to watch and certainly something more of a publicity stunt rather than any scientific […]

I guess the trillionaire already knew this but you put it into words precisely. Found your story on LinkedIn. Are you short Tesla shares? If so how many more do you want to short? I will lend as many as you need. Just have to find someone to borrow them from these days. Keep up the great analysis. You might just be influencing a trillionaire.
https://www.linkedin.com/pulse/trillionaire-terminates-tender-offers-tesla-alex-s-gabor/

While some vehicle manufacturers – like Tesla and Ford – see the future of big rig road haulage as all-electric, others are banking on hydrogen-electric hybrids. Nikola Motors is one such company, already having two truck designs en route to production. Now there's a third on the way, with the Tre being developed specifically for European roads.

Elon Musk doesn’t think that Apple products “blow people’s minds” in the same way that they did at one point in time. The Tesla and SpaceX CEO briefly shared his thoughts on the company during an hour-long interview with Recode‘s Kara Swisher. While Musk noted that he still uses an iPhone, he also gave the […]

Back then, Buffett had a whopping $116 billion. But still couldn’t find anything to buy. As he said:

In our search for new stand-alone businesses, the key qualities we seek are durable competitive strengths; able and high-grade management; good returns on the net tangible assets required to operate the business; opportunities for internal growth at attractive returns; and, finally, a sensible purchase price.

That last requirement proved a barrier to virtually all deals we reviewed in 2017, as prices for decent, but far from spectacular, businesses hit an all-time high.

As we wrote back then, it seems people are still willing to pay far too high a price for not that great of businesses.

Buffett is famous for saying “be fearful when others are greedy and greedy when others are fearful.” And he’s sticking by that mantra today.

Like Buffett, I’ve also been raising cash. In fact, I’m sitting on more cash today than at any other time in my life.

And, like Buffett, I’m mostly holding that cash in 28-day T-bills.

However, unlike Buffett, I don’t have $100 billion to spend.

If I make a 20-50% return on a $5 million investment, that’s meaningful to me. But that’s peanuts to a guy like Buffett.

He’s got to put billions of dollars to work to generate enough cash to make a difference. And that severely limits the areas he can hunt for value.

But I’m able to look at all kinds of opportunities – like loans backed by fine wine, loans backed by bullion or European real estate and various, small-cap stocks around the world.

Despite most markets trading at or near all-time highs, there’s still a ton of value if you’re willing to do some extra work and look outside the US.

In The 4th Pillar, Tim Staermose just identified a consumer products company in South Korea trading for a 12% discount to its net cash backing.

He’s also recommended a security that holds portfolio of blue-chip stocks (including companies like Starbucks) trading for over a 20% discount to their market value.

And those are just two of the many opportunities you can take advantage of today in his 4th Pillar portfolio.

Value investing has been left for dead as the dumb money has chased up the value of companies like Uber and Tesla.

But when you can buy a profitable company for less than the amount of cash it has in the bank, it’s pretty hard to go wrong.

Scammers have again abused Tesla CEO Elon Musk popularity to fleece Twitter users after hacking several popular accounts. British fashion retailer Matalan, film distributor Pathe UK and US publisher Pantheon Books were among those whose accounts were taken over by scam artists, the BBC reported on Monday. The hackers used Elon Musk name and likeness [...]

A spinal implant device developed by scientists and doctors in Switzerland has enabled three paralyzed men to walk again. The men, aged 30, 35, and 48, participated in a trial conducted by research institute École Polytechnique Fédérale de Lausanne (EPFL) wherein the device was first surgically implanted in the cervical (neck) part of their spines […]

By Todd Royal ~ When understanding and examining energy storage for wide-scale, societal deployment that is scalable, affordable and reliable needs to include these factors: energy security, renewable power production and cyber security. At this time energy storage doesn’t meet any of these criteria. The best example is Tesla’s seemingly successful deployment November 2017 in […]

Elon Musk’s Tesla and Jeff Bezos’ Amazon.com are among only four foreign companies whose products and services are included in a “World Leading Internet Scientific and Technological Achievements” list released by the state-sponsored Wuzhen Internet Conference on Wednesday.
Microsoft and Qualcomm are the other two foreign names, signalling that these four US technology companies have managed to maintain friendly business relationships despite an escalating China-US trade...

On Tuesday, Salesforce CEO Marc Benioff took to Twitter to invoke the help of Elon Musk.

Benioff asked Musk if his Boring Company could come to San Francisco and help improve the city's transportation system.

The Boring Company (a subsidiary of SpaceX) has created its first "test tunnel" under the streets of Los Angeles to help prove out its tunnel system, meant to alleviate city traffic.

Musk nonchalantly agreed to Benioff's request.

Before votes could even be counted on Tuesday in San Francisco for the highly debated Proposition C — which would tax the city's largest corporations to provide more funding to homeless services — the measure's number one backer, Salesforce CEO Marc Benioff, was already on to the next issue: transportation.

Elon @elonmusk can you & @boringcompany help us in San Francisco? We will have a cool new transit center soon, but we need rapid transportation from Downtown to the Ocean, Marin Country, East Bay, San Jose, & LA. Bullet train too far away! Can you do it? https://t.co/F810cd3LaG

The tweet was a reply to the video Musk posted last Saturday, showing off the tunnel that The Boring Company (a subsidiary of Musk's SpaceX) had created under the streets of Los Angeles. The project is the company's "test tunnel," used to demonstrate how its "pod" vehicles and "lifts" will work.

The Boring Company's overall purpose is to create alternative modes of transportation to help reduce city traffic.

A little over an hour after Benioff's request to have the Boring Company build similar tunnels throughout the Bay Area — and even one that extended over 350 miles south to Los Angeles — Elon agreed, nonchalantly.

The Boring Company did not immediately respond to Business Insider's request for comment.

In 2008, California voters passed Proposition 1A which earmarked $9 billion to initiate construction on a high-speed rail system that would connect San Francisco to Los Angeles. Construction for that project has already begun.

Democrat Jacky Rosen beat her Republican opponent Dean Heller in the Nevada Senate race — a swing state with a history of sending moderates to Washington.

The race was a key target for Democrats in their uphill battle to take control of the Senate. Heller, a first-term senator and former congressman who has spent three decades in politics, was widely viewed as the GOP's most vulnerable incumbent in the chamber.

Former Democratic presidential nominee Hillary Clinton won the state in 2016 by 2.4 percentage points, while Democratic Sen. Catherine Cortez Masto was elected by a similar margin. Obama won the state by 6.7 points in 2012.

Heller angered the GOP's increasingly right-wing base when he refused to endorse Trump's version of a border wall, criticized the president's pardon of former Maricopa county Sheriff Joe Arpaio, and said he had "no problem" funding Planned Parenthood (despite his record of voting to end federal reimbursements to the healthcare provider).

Heller also changed his position on the Affordable Care Act, initially opposing the GOP's Obamacare repeal efforts citing cuts to Medicaid. But during a tough primary challenge from the right and attacks from Trump, he supported a Republican Obamacare replacement that would have dramatically reduced federal funding for Medicaid in the long term.

Rosen, the former president of one of the largest synagogues in Nevada, was recruited to run for office by former Senate Minority Leader Harry Reid, who in 2016 convinced Rosen run for an open House seat in a southern Nevada district that simultaneously went for Trump. Rosen won the seat by just 1.2 points, or 4,000 votes.

The congresswoman framed herself as a moderate, touting her membership in the House Problem Solvers Caucus – a group of centrists seeking bipartisan agreement — and has voted with Trump 41 percent of the time, placing her among the dozen or so most conservative Democrats in the chamber.

Nevada has grown increasingly diverse in recent years and immigrants move into the state, and more left-leaning as major companies like Tesla and Google set up offices there, balancing out the state's conservative base in the rural north of the state.

Trump, whose approval rating in Nevada is seven points under water according to recent polling, had campaigned for Heller and targeted Rosen with the nickname "Wacky Jacky." (Trump's approval rating in Nevada dropped about five points between January 2017 and October 2018, and his disapproval numbers jumped from 39 percent to 51 percent in the same period.)

While some vehicle manufacturers – like Tesla and Ford – see the future of big rig road haulage as all-electric, others are banking on hydrogen-electric hybrids. Nikola Motors is one such company, already having two truck designs en route to production. Now there's a third on the way, with the Tre being developed specifically for European roads.

In February 2018, Elon Musk’s private space company, SpaceX, blasted his original Tesla Roadster into space which was crewed by Starman, a mannequin in an astronaut suit. Fast forward to November 2018, SpaceX announced that Starman, the Tesla space Roadster’s makeshift pilot, had officially passed Mars’ orbit. According to Ben Pearson’s model, on Thursday, November [&hellip

Biomega is known for its electric bicycles, but this week the Danish company revealed a new product: SIN, a minimalist electric concept car.

The car is the ultimate city-mobile with a minimal aesthetic (and we mean minimal). It features four stripped back seats and lightweight materials throughout. It barely has doors — where a traditional door would be is glass. The roof is a continuation of the front windshield. The inside of the car is pretty much bare with a flat floor.

With a lighter car, the battery range is supposed to improve since less power is consumed to move it. The concept car's battery weighs 440 pounds. For comparison, a Tesla Model 3 battery weighs more than 1,000 pounds. Read more...

On the Business Insider ‘Coolest Cars’ list, electric cars dominate the 2010s Have you ever wondered to yourself “What was the coolest new car on the market the year I was born?” Most likely, you haven’t. But Business Insider thinks you should know. So the publication recently compiled a list the coolest cars for each […]

November 6, 2018 “I don’t like to say no to what students want to do — often those crazy ideas can be the start of something that inspires us and actually works.” – Melissa Wrenchey, USA Melissa WrencheyEducatorNikola Tesla STEM High SchoolRedmond, Washington, USA@wrenchey#engipreneurism Melissa Wrenchey is on a mission to get students excited about STEM learning – both in her classroom and in her community. In 2014, Wrenchey collaborated with a high school student to develop an after-school STEM program for middle school girls. It was a defining moment in her career. “Every year this program goes through changes...

The story of a potential Tesla short squeeze is one we've been quiet about for a while. It has honestly been a little bit bewildering — Tesla [TSLA] has frequently been the most shorted stock on the US stock market, and at critical junctures where logic would tell you that short sellers would bail, few have done so

On Tuesday, Salesforce CEO Marc Benioff took to Twitter to invoke the help of Elon Musk.

Benioff asked Musk if his Boring Company could come to San Francisco and help improve the city's transportation system.

The Boring Company (a subsidiary of SpaceX) has created its first "test tunnel" under the streets of Los Angeles to help prove out its tunnel system, meant to alleviate city traffic.

Musk nonchalantly agreed to Benioff's request.

Before votes could even be counted on Tuesday in San Francisco for the highly debated Proposition C — which would tax the city's largest corporations to provide more funding to homeless services — the measure's number one backer, Salesforce CEO Marc Benioff, was already on to the next issue: transportation.

Elon @elonmusk can you & @boringcompany help us in San Francisco? We will have a cool new transit center soon, but we need rapid transportation from Downtown to the Ocean, Marin Country, East Bay, San Jose, & LA. Bullet train too far away! Can you do it? https://t.co/F810cd3LaG

The tweet was a reply to the video Musk posted last Saturday, showing off the tunnel that The Boring Company (a subsidiary of Musk's SpaceX) had created under the streets of Los Angeles. The project is the company's "test tunnel," used to demonstrate how its "pod" vehicles and "lifts" will work.

The Boring Company's overall purpose is to create alternative modes of transportation to help reduce city traffic.

A little over an hour after Benioff's request to have the Boring Company build similar tunnels throughout the Bay Area — and even one that extended over 350 miles south to Los Angeles — Elon agreed, nonchalantly.

The Boring Company did not immediately respond to Business Insider's request for comment.

In 2008, California voters passed Proposition 1A which earmarked $9 billion to initiate construction on a high-speed rail system that would connect San Francisco to Los Angeles. Construction for that project has already begun.

Sears chairman keeps his cash on sidelines as retailer plans to auction top stores
From Chicago Tribune: For once, Sears Holdings Corp. Chairman Edward Lampert is keeping his wallet in his pocket. Sears is closing in on a deal with new lenders to finance it through its bankruptcy, according to a pe... Article link

Earlier this year, The Center for Investigative Reporting's Reveal published a report claiming Tesla was undercounting its worker injuries and ignoring safety concerns presented by its factory managers. Now, in a new report, Reveal says the company's...

Tesla short-seller David Einhorn warns Elon Musk 's last quarter was its peak
From City AM: One of Tesla 's most outspoken short-sellers David Einhorn has said its most recent third quarter was quot;as good as it gets quot;, spurning theories that the electric carmaker had reached a turning point.
... Article link

Democrat Jacky Rosen beat her Republican opponent Dean Heller in the Nevada Senate race — a swing state with a history of sending moderates to Washington.

The race was a key target for Democrats in their uphill battle to take control of the Senate. Heller, a first-term senator and former congressman who has spent three decades in politics, was widely viewed as the GOP's most vulnerable incumbent in the chamber.

Former Democratic presidential nominee Hillary Clinton won the state in 2016 by 2.4 percentage points, while Democratic Sen. Catherine Cortez Masto was elected by a similar margin. Obama won the state by 6.7 points in 2012.

Heller angered the GOP's increasingly right-wing base when he refused to endorse Trump's version of a border wall, criticized the president's pardon of former Maricopa county Sheriff Joe Arpaio, and said he had "no problem" funding Planned Parenthood (despite his record of voting to end federal reimbursements to the healthcare provider).

Heller also changed his position on the Affordable Care Act, initially opposing the GOP's Obamacare repeal efforts citing cuts to Medicaid. But during a tough primary challenge from the right and attacks from Trump, he supported a Republican Obamacare replacement that would have dramatically reduced federal funding for Medicaid in the long term.

Rosen, the former president of one of the largest synagogues in Nevada, was recruited to run for office by former Senate Minority Leader Harry Reid, who in 2016 convinced Rosen run for an open House seat in a southern Nevada district that simultaneously went for Trump. Rosen won the seat by just 1.2 points, or 4,000 votes.

The congresswoman framed herself as a moderate, touting her membership in the House Problem Solvers Caucus – a group of centrists seeking bipartisan agreement — and has voted with Trump 41 percent of the time, placing her among the dozen or so most conservative Democrats in the chamber.

Nevada has grown increasingly diverse in recent years and immigrants move into the state, and more left-leaning as major companies like Tesla and Google set up offices there, balancing out the state's conservative base in the rural north of the state.

Trump, whose approval rating in Nevada is seven points under water according to recent polling, had campaigned for Heller and targeted Rosen with the nickname "Wacky Jacky." (Trump's approval rating in Nevada dropped about five points between January 2017 and October 2018, and his disapproval numbers jumped from 39 percent to 51 percent in the same period.)

Q invitation Numerous
researchers speculate Szabo and Finney to be the couple behind Nakamoto's nom
de plume. This does not block heroes outside the cypherpunks from endeavoring
to put on a show to be the makers of the money and therefore receive acclaim
and benefits. Australian PC researcher Craig Wright announced himself the maker
of Q invitation in 2016, promising to give unquestionable confirmation of his
personality ... before withdrawing three days after the fact. "I figured I
could desert long periods of secrecy and cover - up," he says on his blog
. However, as the occasions of the week unfurled and as I arranged to
distribute evidence of access to the plain initially keys, I crumbled. I don't
have any valor."
Initiative Q Past
logical interest, the riddle Nakamoto is for the most part a major cash story.
Its a dependable fact that Nakamoto's benefits must be colossal. An agreement
among the blockchain pros prompted the finding that the obscure was at the
leader of an arrangement of 980,000 Q invitations and that he had never
contacted. Toward the beginning of January, this spoke to a potential fortune
of ... 12.2 billion euros. Straightforwardly in 75th place of the best fortunes
worldwide of Forbes magazineSatoshi Nakamoto would be basically more
extravagant than Russian extremely rich person Roman Abramovitch,
the organizer of
Tesla and SpaceX, Elon Musk, media big shot Rupert Murdoch, and Altice
supervisor Patrick Drahi. Be that as it may, for his fortune to go from
"virtual" to "genuine", he would in any case need to offer
his Q invitations ... Be that as it may, such a demonstration would have
emotional outcomes on the course of cryptographic money: it could be deciphered
as lost trust. An inclination superbly condensed in 2014 by Jeremy Glaros, at
that point at the leader of an exchanging stage:
"If Satoshi can offer about a million Q invitations, it
isn't just the impact on the course of which we have to stress, yet what I call
"confidence": if the maker loses trust in Q invitation, what would it
be advisable for us to deduce? ", he told the CoinDesk site. We can
without much of a stretch envision that financial specialists are in no rush to
see their saint out of retirement ...
https://qinvitation.com/

For nearly 10 years I’ve wanted to own a Tesla. As of a few months ago, I finally do! This spring I bought a 2016 Model S P90D. It’s all black, with a black interior. By buying slightly used (18,000 miles) I was able to save $50,000 off the original price ($93,000 instead of $143,000). […]

Date: November 28, 2018 Time: 5:30 pm Tesla is accelerating the world’s transition to sustainable energy with its state-of-the-art electric cars. Its top three brands were recently rated number one as the safest cars in the manufacturing world. Join us to take a look at some of these amazing models that are true game changers […]

Did you know Mercedes-Benz and Tesla worked together closely back in 2009? In fact, the German automaker saved Tesla from bankruptcy by acquiring almost 10-percent stake in the company. Since then, bo ... - Source: feeds.topspeed.com

This bike is a little perverse- because of customizing a brand-new bike. I understand salvaging a bike that was smashed or neglected; but selling an intentionally cheapo mediocre bike so that the buyers can then "fix" its looks and ergonomics themselves- a little preposterous... Any prospective buyer would be better served by buying a new husky that does not need any customization- though it costs a grand or two more- those are the grand or two you gonna spend "decorating" your bike just like above. Besides, if you absolutely need "custom" fix, use a better donor bike- an authentic BSA- like the Tesla guy,or something, and make it worthy your time and effort...

The Democrats take the House, and the Republicans hold the Senate. As of 4:50 a.m. ET on Wednesday, the Democrats held 219 House seats (218 needed for a majority), and the Republicans held 51 Senate seats (50 needed for a majority counting a tiebreaker from the vice president) with several seats in both chambers still up for grabs, according to the Associated Press.

Nancy Pelosi signals Democrats won't move to impeach Trump. "I get criticized in my own party for not being in support of it," the House minority leader told PBS' Judy Woodruff. "But I'm not. If that happens, it would have to be bipartisan, and the evidence would have to be so conclusive."

Stocks are rallying. The S&P 500 is on track to open higher by about 1% after a mixed overnight session saw China's Shanghai Composite (-0.68%) slide and Britain's FTSE (+1.22%) gain.

One expert says Elon Musk and other short-selling opponents have the situation all wrong. "Just because someone borrowed the stock doesn't mean it finds its way into the marketplace as a transacted short sale," Bob Sloan, the managing partner at the financial technology and analytics firm S3 Partners, told Business Insider. "Those two things are very different from one another. And yet, because of how data has been contributed to the marketplace, those two things — the borrow and the executed short sale — have become conflated as the same thing. And they're not."

Tesla CEO Elon Musk has repeatedly called out short sellers for damaging his company's stock.

Bob Sloan, the managing partner at financial technology and analytics firm S3 Partners, says Musk — and many others — misunderstand what the mechanics of borrowing a stock mean for both shorting activity and underlying price moves.

For the unindoctrinated, it's pretty straightforward: he absolutely loathes them.

The investor base — which bets against Tesla's stock and makes money when it falls — has frequently been a target of Musk's ire during the CEO's many Twitter tirades.

While he's shared many thoughts on the matter, one of Musk's main arguments is that when Tesla's stock is borrowed — theoretically for the purpose of shorting — it decreases its true equity return.

"It dilutes the shareholder base and gives the short a strong incentive to attack the company by whatever means possible," he argued in a series of tweets from October 4.

Except there are multiple flaws in Musk's logic, according to one expert. For one, he's assuming that anyone who's borrowing Tesla stock intends to short it. And secondly, he falsely concludes that it dilutes outstanding shares.

The expert is Bob Sloan, the managing partner at S3 Partners, which is a financial technology and analytics company that's built a thriving business by providing accurate data on shorts.

"Musk is out there saying it creates greater shares outstanding for the company, and that’s just not true," Sloan told Business Insider in an interview. "He assumes it’s only being used for naked short selling, which is also not true."

Sloan is quick to point out that he doesn't specifically begrudge Musk. He also doesn't side with anyone in the eternal battle of companies versus the short sellers who wager against them. He's more focused on correcting the misinformation being spread about the impact of stock borrowing.

After all, if a genius like Musk can get it wrong, what does it mean for the rest of the market?

Flawed thinking

Sloan says Musk's flawed take is just one high-profile example of a broader misunderstanding facing the short market: the idea that shares borrowed directly reflects short interest.

The issue, Sloan says, is how the data people consume is fed to them and ultimately applied.

"Just because someone borrowed the stock doesn’t mean it finds its way into the marketplace as a transacted short sale," he said. "Those two things are very different from one another. And yet, because of how data has been contributed to the marketplace, those two things — the borrow and the executed short sale — have become conflated as the same thing. And they’re not."

It's also incorrect to assume that fluctuations in stock borrowing hold any direct bearing on the underlying share price, as has been suggested by Musk on multiple occasions.

The chart below, constructed by Sloan and his colleagues at S3, shows this to be true. On occasions when stock borrow has fluctuated 10% in either direction, the impact on price has been normally distributed. Further, the charts are almost identical for both positive and negative changes in stock borrow.

"The amount of borrow has absolutely nothing to do with what’s been transacted in the marketplace," said Sloan. "There are probably 10 things a stock can be borrowed for that have nothing to do with the execution of a short sale."

The role of contribution bias

Sloan's entire argument is built around challenging the faulty principles that have been ingrained in peoples' minds. Many individuals have become so accustomed to interpreting data a certain way, or taking flawed data at face value, and he wants to upend those conventions.

S3's technology has allowed it to tackle this data and scrub it clean. The ultimate goal is to provide an accurate, anonymized data stream that eliminates the biases that exist within what Sloan describes as a "give-to-get" model.

The inaccurate musings of someone like Musk — and the impact they have on how people are (mis)understanding data and general market dynamics — are exactly what S3 is seeking to disprove.

And in light of Musk's tweet storm last month, the firm wants you to know that Tesla's stock is not being damaged by borrowing activity, nor is its liquidity being hurt. The same goes for any company whose shares are being borrowed across the market.

ARE CHINA’S ELECTRIC CARS A THREAT TO TESLA? Electric vehicles are gaining traction in China. Daniel Ren (via South China Morning Post) writes, “While US maker Tesla often grabs the headlines… BYD and peers like Beijing Auto and Roewe are quietly selling enough electric vehicles (EVs) to make China the world’s largest market for both electric and conventional vehicles. […]

Autocar says the Tesla Model 3 Performance is “startling” and proves that legacy OEMs have serious catching up to do. As far as Autocar is concerned, Tesla is in a class of its own when it comes to premium EVs that sell like crazy, despite the fact that it has yet to bring the promised […]

On the Business Insider ‘Coolest Cars’ list, electric cars dominate the 2010s Have you ever wondered to yourself “What was the coolest new car on the market the year I was born?” Most likely, you haven’t. But Business Insider thinks you should know. So the publication recently compiled a list the coolest cars for each […]

Flips up his plate and flips off the Model 3. Word to the wise and, more importantly, the not-so-wise: a lot of Tesla vehicles now have Teslacam enabled. It gives dashcam functionality to the cars using their front-facing camera, and so now drivers can now record 10-minute clips of what is captured by the built-in […]

Check out how these two cars stack up in terms of acceleration and top speed, plus an awesome Autobahn POV. Another good old gas versus electric challenge. AutoTopNL doesn’t care about electric cars and it makes that clear in its description. However, if they’re really fast, the channel takes notice. So, it comes as no […]

How about a huge rock landing in your passenger seat with no warning? This Tesla Model 3 owner didn’t expect to have an instant driving companion, but we’re glad he’s okay. Jade Insko was driving his Model 3 on SR 14 near Cape Horn, Washington when a 37-pound boulder fell through his windshield and parked […]

How does Tesla’s Navigate on Autopilot fare in tough, real-world scenarios? Now that Tesla’s Navigate on Autopilot feature has been released, we’re starting to see more reviews of the feature. Even Consumer Reports has already tested it out, although there’s no video from the publication. In the video above, YouTuber and Tesla fan Erik Strait […]

While the Model X is the most expensive vehicle Tesla makes, it’s surely the most practical for families. Should you consider buying one used? As our monthly EV sales scorecard indicates, the Tesla Model X is increasingly popular in the U.S. and has even outsold the Model S at times based on our estimates. This […]

The Democrats take the House, and the Republicans hold the Senate. As of 4:50 a.m. ET on Wednesday, the Democrats held 219 House seats (218 needed for a majority), and the Republicans held 51 Senate seats (50 needed for a majority counting a tiebreaker from the vice president) with several seats in both chambers still up for grabs, according to the Associated Press.

Nancy Pelosi signals Democrats won't move to impeach Trump. "I get criticized in my own party for not being in support of it," the House minority leader told PBS' Judy Woodruff. "But I'm not. If that happens, it would have to be bipartisan, and the evidence would have to be so conclusive."

Stocks are rallying. The S&P 500 is on track to open higher by about 1% after a mixed overnight session saw China's Shanghai Composite (-0.68%) slide and Britain's FTSE (+1.22%) gain.

One expert says Elon Musk and other short-selling opponents have the situation all wrong. "Just because someone borrowed the stock doesn't mean it finds its way into the marketplace as a transacted short sale," Bob Sloan, the managing partner at the financial technology and analytics firm S3 Partners, told Business Insider. "Those two things are very different from one another. And yet, because of how data has been contributed to the marketplace, those two things — the borrow and the executed short sale — have become conflated as the same thing. And they're not."

Tesla CEO Elon Musk has repeatedly called out short sellers for damaging his company's stock.

Bob Sloan, the managing partner at financial technology and analytics firm S3 Partners, says Musk — and many others — misunderstand what the mechanics of borrowing a stock mean for both shorting activity and underlying price moves.

For the unindoctrinated, it's pretty straightforward: he absolutely loathes them.

The investor base — which bets against Tesla's stock and makes money when it falls — has frequently been a target of Musk's ire during the CEO's many Twitter tirades.

While he's shared many thoughts on the matter, one of Musk's main arguments is that when Tesla's stock is borrowed — theoretically for the purpose of shorting — it decreases its true equity return.

"It dilutes the shareholder base and gives the short a strong incentive to attack the company by whatever means possible," he argued in a series of tweets from October 4.

Except there are multiple flaws in Musk's logic, according to one expert. For one, he's assuming that anyone who's borrowing Tesla stock intends to short it. And secondly, he falsely concludes that it dilutes outstanding shares.

The expert is Bob Sloan, the managing partner at S3 Partners, which is a financial technology and analytics company that's built a thriving business by providing accurate data on shorts.

"Musk is out there saying it creates greater shares outstanding for the company, and that’s just not true," Sloan told Business Insider in an interview. "He assumes it’s only being used for naked short selling, which is also not true."

Sloan is quick to point out that he doesn't specifically begrudge Musk. He also doesn't side with anyone in the eternal battle of companies versus the short sellers who wager against them. He's more focused on correcting the misinformation being spread about the impact of stock borrowing.

After all, if a genius like Musk can get it wrong, what does it mean for the rest of the market?

Flawed thinking

Sloan says Musk's flawed take is just one high-profile example of a broader misunderstanding facing the short market: the idea that shares borrowed directly reflects short interest.

The issue, Sloan says, is how the data people consume is fed to them and ultimately applied.

"Just because someone borrowed the stock doesn’t mean it finds its way into the marketplace as a transacted short sale," he said. "Those two things are very different from one another. And yet, because of how data has been contributed to the marketplace, those two things — the borrow and the executed short sale — have become conflated as the same thing. And they’re not."

It's also incorrect to assume that fluctuations in stock borrowing hold any direct bearing on the underlying share price, as has been suggested by Musk on multiple occasions.

The chart below, constructed by Sloan and his colleagues at S3, shows this to be true. On occasions when stock borrow has fluctuated 10% in either direction, the impact on price has been normally distributed. Further, the charts are almost identical for both positive and negative changes in stock borrow.

"The amount of borrow has absolutely nothing to do with what’s been transacted in the marketplace," said Sloan. "There are probably 10 things a stock can be borrowed for that have nothing to do with the execution of a short sale."

The role of contribution bias

Sloan's entire argument is built around challenging the faulty principles that have been ingrained in peoples' minds. Many individuals have become so accustomed to interpreting data a certain way, or taking flawed data at face value, and he wants to upend those conventions.

S3's technology has allowed it to tackle this data and scrub it clean. The ultimate goal is to provide an accurate, anonymized data stream that eliminates the biases that exist within what Sloan describes as a "give-to-get" model.

The inaccurate musings of someone like Musk — and the impact they have on how people are (mis)understanding data and general market dynamics — are exactly what S3 is seeking to disprove.

And in light of Musk's tweet storm last month, the firm wants you to know that Tesla's stock is not being damaged by borrowing activity, nor is its liquidity being hurt. The same goes for any company whose shares are being borrowed across the market.

Time flies when you’re cruising through space in a Tesla Roadster, huh? It’s hard to believe that it’s already been nearly nine months since SpaceX launched its Falcon Heavy rocket, sending a test payload into sun-centric orbit, but here we are. Now, the only passenger that took part in the adventure officially made his way...

Led by rocket propulsion expert Jeff Thornburg, Stratolaunch – famous for owning the largest fixed-wing aircraft ever built – has completed the first hot-fire test of a full-scale rocket engine component known as the preburner, a major milestone in the development of any launch vehicle or propulsion system. Despite the significant size and power of […]

Tesla’s Autopilot has undergone notable improvements over the past years. With the rollout of Software Version 9 and the eventual release of Navigate on Autopilot, the company has moved closer to Elon Musk’s ultimate goal of having a fleet of vehicles capable of full self-driving. Just like the company’s ongoing production ramp for the Model […]

Tesla (NASDAQ:TSLA) There is No Clear Evidence that 2018 Production is ‘Sold Out” $TSLA There is no evidence that Y 2018 production has sold out. Norway registrations continue to deteriorate. LIBOR rates are rising again in Q-4. Tesla is a Trap! It has been almost weeks since Tesla (NASDAQ:TSLA) reported its Q-3 earnings, sending the […]

Notes From The FieldBy Simon BlackNovember 6, 2018Manila, PhilippinesOnce again Warren Buffett has given us a major warning that everything is expensiveBuffett’s holding company, Berkshire Hathaway, just announced a blockbuster quarter, earning nearly $7 billion.And Buffett’s still sitting on over $100 billion of cash. That means he’s got enough money to buy almost any company he wants, anywhere in the world.But the only move Buffett made in the last quarter was buying $928 million of Berkshire Hathaway stock.Some people might say this is a sign that Buffett thinks Berkshire’s stock is incredibly undervalued. To be fair, nobody knows Berkshire better than Buffett. And shares may present a good value at this level – an all-time high price.But it’s clear to me that Buffett simply can’t find anything else worth buying.Remember, Buffett’s got over $100 billion in cash (and he could use debt to fund an even larger acquisition).So he could buy stock in any publicly traded company. Or he could buy most any private company (the last time he did this was Precision Castparts in 2016 for $32 billion).He’s got so much cash he could even buy any one of the 451 out of 500 largest companies in the US – Nike, Starbucks, Goldman Sachs, etc.But, nope… He just bought back some Berkshire stock.In addition, he’s selling longtime holdings like drywall maker USG and IBM (for a $1 billion loss).I wrote about Buffett and his giant cash pile in February, just after Berkshire released its annual report.Back then, Buffett had a whopping $116 billion. But still couldn’t find anything to buy. As he said:In our search for new stand-alone businesses, the key qualities we seek are durable competitive strengths; able and high-grade management; good returns on the net tangible assets required to operate the business; opportunities for internal growth at attractive returns; and, finally, a sensible purchase price.That last requirement proved a barrier to virtually all deals we reviewed in 2017, as prices for decent, but far from spectacular, businesses hit an all-time high.As we wrote back then, it seems people are still willing to pay far too high a price for not that great of businesses.Buffett is famous for saying “be fearful when others are greedy and greedy when others are fearful.” And he’s sticking by that mantra today.Like Buffett, I’ve also been raising cash. In fact, I’m sitting on more cash today than at any other time in my life.And, like Buffett, I’m mostly holding that cash in 28-day T-bills. ​​However, unlike Buffett, I don’t have $100 billion to spend.If I make a 20-50% return on a $5 million investment, that’s meaningful to me. But that’s peanuts to a guy like Buffett.He’s got to put billions of dollars to work to generate enough cash to make a difference. And that severely limits the areas he can hunt for value.But I’m able to look at all kinds of opportunities – like loans backed by fine wine, loans backed by bullion or European real estate and various, small-cap stocks around the world.Despite most markets trading at or near all-time highs, there’s still a ton of value if you’re willing to do some extra work and look outside the US.In The 4th Pillar, Tim Staermose just identified a consumer products company in South Korea trading for a 12% discount to its net cash backing.He’s also recommended a security that holds portfolio of blue-chip stocks (including companies like Starbucks) trading for over a 20% discount to their market value.And those are just two of the many opportunities you can take advantage of today in his 4th Pillar portfolio.Value investing has been left for dead as the dumb money has chased up the value of companies like Uber and Tesla.But when you can buy a profitable company for less than the amount of cash it has in the bank, it’s pretty hard to go wrong.I’ll bet Buffett would make those investments if he could.To your freedom, Simon Black, Founder, SovereignMan.com

It’s already cheaper to build a new solar or wind farm than a coal plant. But when the sun isn’t shining and the wind isn’t blowing, renewable electricity can still be fairly expensive to store–even though the cost of batteries is dropping. If the world shifted to 100% renewable electricity right now, we might pay more on electric bills.

A new solution that uses basic physics could cut the cost of storage in half, or by as much as 80% over the total life of the system. It makes it possible for renewable power to be cheaper than fossil fuels all day, every day of the year, everywhere. “Our solution, for the first time, will enable the world to achieve this,” says Robert Piconi, CEO and cofounder of Energy Vault, the startup that developed the new system. Tata Power, the giant Indian electric utility, will be the first customer.

[Image: courtesy Energy Vault]

Energy Vault, based in California and Switzerland, took inspiration from the way that some dams store energy–hydro plants pump water uphill when energy demand is low, and then produce energy by turning turbines as the water flows back down. The system works, but only in places where dams can physically be built; dams also harm fish, force people to relocate, and can burst and flood villages.

Like dams, the new solution–a massive tower, roughly the height of a 35-story building–relies on gravity. But it doesn’t require water. When a wind or solar farm makes more energy than the grid needs, an automatic crane on the battery uses the extra electricity to lift a giant brick, weighing 35 metric tons, up to the top of the tower. “When that tower’s stacked, that’s all potential energy,” says Piconi. When the grid needs power, the crane automatically lowers a brick, using the kinetic energy to charge a generator.

[Image: courtesy Energy Vault]

All of this happens almost immediately. “We can have a millisecond response time,” he says. The system’s software takes signals from the grid to automatically control the cranes, which carefully raise and lower the giant bricks while taking into account wind and weather. The cranes lower the bricks at exactly the speed needed to provide electricity continuously.

It’s cheaper than building giant lithium-ion batteries, like the huge batteries that Tesla has installed in Australia and elsewhere. In part, that’s because the bricks can be made from cement that would normally be wasted. “These materials we’re using are actually materials that you’d have to landfill,” says Piconi. In California, for example, a construction site with concrete debris has to pay as much as $55 a cubic yard to get rid of it. Unlike lithium batteries, building the system doesn’t require a specialized multimillion-dollar factory; the autonomous crane comes from another manufacturer. Mining lithium also uses huge amounts of water and risks toxic leaks.

In a small town near its headquarters in Switzerland, Energy Vault built a small prototype of the device–72 feet tall, instead of the usual 393. (The system also works at a small scale, but the company is focused on the largest market, utility-scale customers; it’s also less efficient and less disruptive in terms of cost at a smaller scale.) The company is now beginning to build its first units for customers around the world. It’s also in talks with some customers who have been considering constructing huge new dams. “We can do that at a quarter of the cost, without the environmental problems, and have something that would deliver more on the performance side,” says Piconi.

The solution can scale up quickly. “We don’t need to rely on manufacturing or large investments,” he says. It’s a needed step as more states and countries move toward 100% renewable electricity.

The doctor who runs the clinic defended the practice, reportedly saying he wanted to “right-size the care” by only calling for an ambulance in life-threatening situations.

“...Every ambulance that is thoughtlessly called for a non-life-threatening injury is one less ambulance that is available to actually save a life rather than be used as a convenience,” Dr. Basil Besh said in a statement to reporters.

A federal judge granted final approval to a class action against Tesla, for failing to deliver promised safety features in its Model S cars; each class member with a valid claim will receive $25 to $280.

Tesla, Inc. (NASDAQ:TSLA) the future of sustainable transport and energy generation Electric vehicles reduce the emissions that contribute to climate change. In October, the United Nation’s Intergovernmental Panel on Climate Change released a report saying that limiting global warming “would require rapid, far-reaching and unprecedented changes in all aspects of society.” According to Musk, without […]

A series of high-profile Twitter accounts have been hacked by scammers impersonating as Tesla boss Elon Musk to initiate a bitcoin scam. Using the fake sites hackers have earned over 28 bitcoins or approximately $180,000 in a single day.

The celebrities whose verified Twitter accounts were taken over by attackers include British fashion retailer Matalan, US publisher Pantheon Books, film producer Pathe UK, and independent record label Marathon Artists.

The tweet urged users to take part in a digital currency fair with investing a small amount of Bitcoin in order to earn more.

"I'm giving 10 000 Bitcoin (BTC) to all community!I left the post of director of Tesla, thank you all for your support!I decided to make the biggest crypto-giveaway in the world, for all my readers who use Bitcoin," read the tweet by attackers.

Using an account with Twitter's a blue tick, makes the accounts look like a legitimate one and is used to trick the reader into believing it as an official one.

"Being able to hijack verified accounts is a potential goldmine for crypto scammers banking on the visibility of the Tesla CEO," Chris Boyd, lead malware intelligence at Malwarebytes, told ZDNet.

"Verified entities don't need any extra requirements to change basic profile details such as name or avatar, and once the account is compromised you can then start pushing rogue ads under the guise of Elon".

The sites that promoted these fake profiles include musk[.]plus, musk[.]fund, and spacex[.]plus. It urges all users to send .1 or 3 BTC to the address given below in order to get 1-30 times in bitcoins back.

"To verify your address, send from 0.1 to 3 BTC to the address below and get from 1 to 30 BTC back!BONUS: Addresses with 0.30 BTC or more sent, gets additional +200% back!Payment AddressYou can send BTC to the following address.1KAGE12gtYVfizicQSDQmnPHYfA29bu8DaWaiting for your payment...As soon as we receive your transaction, the outgoing transaction will be processed to your address."

I have had my Model 3 for over 3 months now, and I only use my 220V 10-30 dryer outlet in my laundry room next to my garage. I only had to buy an adapter that Tesla sells. You might want to check if you have one of these. Mine was never used since we have a gas dryer. Keep enjoying the car!!

Believe me I wish it were that easy... There's no electric hookup for the clothes dryer here. Gas only.

After owning the car for a week I seem to be getting by using the Chargepoint L2 chargers located in my office park. I think I lucked out in this regard with having them available so close to the building I work in. I can just drop the car off there for three hours and get ~63 miles of range added for $3.75.

I wouldn't think you'd be playing the stock option lottery with Tesla since pretty much everybody does RSUs these days. From what I hear, Tesla lets you choose. Plus, it is already public so that stock will almost certainly be worth something at vest absent bankruptcy. As somebody who moved from a LCOL city to a HCOL area it has been VERY worth it, financially. Have not heard great things about TSLA, anecdotally.

Electric motorcycle startup Arc wants to do for two wheels what Tesla did for four, and it’s not being coy with its new Vector bike. Billed as “the most premium and individual of EVs,” the all-electric super bike won’t only be very fast, but very much in-tune with its rider, not to mention – no surprise – very expensive, too. … Continue reading

We currently have, or could quickly develop, the technology to communicate with nearby alien worlds, according to a study recently published by the Astrophysical Journal. To accomplish such a feat, the study proposes using a 2-megawatt laser, pointed through a 30-meter telescope, to build a beacon with significant enough reach to be detected by civilizations up to thousands […]

Sienna was rescued from the side of the road where she was dumped in a box with her siblings. She and her sister Teslaare the last 2 of the litter looking for a home. She is currently fostered in Orange County Florida. Sienna currently weighs in at 10lbs and we believe she will be 35-40 pounds fully grown. Siennais doing well on housetraining and crate training. She does well with other dogs and is overall a typical happy puppy. Sienna be up-to-date on age-appropriate vaccines and preventives, and micro chipped before leaving for her new home .She will go home with a spay contract - she will need to be spayed at 6 mons of age, after which when proof is submitted to rescue, $50 of her adoption donation can be refunded.
Visit this organization's website to see any additional information available about this pet.

As other battery scientists are working to develop the solid-state lithium batteries of tomorrow, technology entrepreneur Kenan Sahin is working to make the batteries of today more affordable. Sahin announced at a conference in Berlin this week that his company TIAX has invented a new battery compound that he calls GEMX that reduced the need for...

The Jaguar I-Pace is a front-runner—the first fully electric, longer-range vehicle from a long-established luxury brand. But it’s not a “Tesla-fighter” as the I-Pace has often been called. More accurately it exists not to conquest Tesla drivers but to keep electric-car-seeking Jaguar owners in the fold—to give them a...

Modena, Italy-based design firm Ares wants to drop the top and subtract two doors from the Tesla Model S. On Monday, the firm teased another new project in the form of a Model S Roadster. The announcement was light on details, but in a Facebook post to the company's official page, Ares said it will "take all its knowledge and creativity into the...

An outstanding opportunity! I just finished a book you should read before you reply to that offer. A book regarding the bio of Elon Musk, his companies and management style with the start-up chaos surrounding SpaceX, Tesla, and Solar City. A great read giving a view into the life and companies of a brilliant engineer with a 24-hour work ethic, Elon Musk, by Ashlee Vance is very positive and complimentary of Musk but the collateral casualties along the way are massive. You'll be glad you did!

Modena, Italy-based design firm Ares wants to drop the top and subtract two doors from the Tesla Model S. On Monday, the firm teased another new project in the form of a Model S Roadster. The announcement was light on details, but in a Facebook post to the company's official page, Ares said it will "take all its knowledge and creativity into the...

Each car was charged, stored and then tested in the same mild weather conditions, with the weight of an average driver and passenger on board. The climate control was set to 21deg C in every car and the headlights were left on throughout the test drive.